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Bank of America's mortgage bankers are frustrated by call quotas, cross-selling mandates, and a new compensation scheme that shortchanges top producers

20 days ago   |   By Business Insider

Summary List Placement Bank of America is facing an exodus in its mortgage business.
Dozens of people have quit this year, according to four current and former mortgage bankers, with two of them suggesting the resignations have now climbed above 100. More departures are expected at the end of June, when the bank pays out their next quarterly bonuses, said one of the people, who has spoken to colleagues about it.
The sales people are leaving because they're frustrated over a series of changes the bank made to its mortgage policies that have made it harder for some salespeople to make money...
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Why a top vaccine expert thinks we won't need COVID-19 booster shots for 3 to 5 years

Why a top vaccine expert thinks we won't need COVID-19 booster shots for 3 to 5 years

20 days ago   |   By Business Insider

Summary List Placement Dr. Paul Offit, one of the nation's leading vaccine experts, said he doesn't believe people will need COVID-19 booster shots for years.
As more than half of US adults are fully vaccinated against the coronavirus, a growing question is when, or if, people may need to get an additional shot to boost protection.
"The question is how often do you need to give booster doses," Offit said. "I would think every three to five years as a guess."
He predicted that vaccines could provide years of protection against serious illness.
"I would predict that protection will last for...
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Burnout rates are rising. Zoom-free Fridays and $250,000 bonuses are the tip of the iceberg. Cisco is solving the problem by going deeper into its culture

Burnout rates are rising. Zoom-free Fridays and $250,000 bonuses are the tip of the iceberg. Cisco is solving the problem by going deeper into its culture

20 days ago   |   By Business Insider

Summary List Placement The first time Aisha Memon realized she was burned out was during a talk by Chuck Robbins.
Robbins is the CEO and chairman of Cisco, where Memon has been employed for 13 years and is a business-operations manager. The discussion was centered on mental-health awareness, and it was a lightbulb moment for Memon, who at the time couldn't explain how overwhelmed and fatigued she was feeling.
"I was just very jaded," she said. "It started impacting all of my relationships. I was not the same person. I was going through a slump."
These feelings are classic symptoms of...
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One chart shows how COVID-19 vaccines stack up against 4 worrisome variants, including the one found in India

One chart shows how COVID-19 vaccines stack up against 4 worrisome variants, including the one found in India

20 days ago   |   By Business Insider

Summary List Placement Sixteen months into the pandemic, half of all US adults have been vaccinated, and the number of new daily coronavirus cases has fallen below 30,000 for the first time since June.
But infections involving worrisome coronavirus variants continue to pop up. Some of these mutated strains are more transmissible than earlier versions of the virus, while others can partially evade antibodies developed in response to prior infections. So concerns linger about how well the authorized COVID-19 vaccines work against these variants.
Earlier this year, lab studies exposed blood...
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More than 60% of Americans are burned out, according to an Insider survey. These charts show the stresses people are facing after more than a year of COVID-19

More than 60% of Americans are burned out, according to an Insider survey. These charts show the stresses people are facing after more than a year of COVID-19

20 days ago   |   By Business Insider

Summary List Placement Among psychologists, burnout has been a topic of scholarly discussion for over 40 years. But only within the past year or two - and especially during the later months of the COVID-19 pandemic - has burnout hit so close to home for so many.
If you yourself don't feel burned out, chances are you know a handful of people who show the telltale signs : a nagging sense of exhaustion, cynicism about the work they do, and an overwhelming feeling that nothing they do is ever good enough.
We wanted to find out for ourselves: How burned out are Americans - really?
The answer in...
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El Salvador asks World Bank for help implementing bitcoin - but quickly gets...

El Salvador asks World Bank for help implementing bitcoin - but quickly gets rejected over mining's climate impact

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CureVac's COVID-19 shot just failed in a large trial, a major setback for...

CureVac's COVID-19 shot just failed in a large trial, a major setback for the Gates-backed biotech

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When it comes to winning new luxury listings to sell, conversations are the key. Think about it. With so many tools and so much technology available to today's prospects... Read more ...

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The Federal Reserve hints it may hike rates twice in 2023 as inflation hits...

The Federal Reserve hints it may hike rates twice in 2023 as inflation hits decade-plus highs

Summary List Placement New economic projections from the Federal Open Market Committee suggest the central bank will raise its benchmark interest rate two times in 2023... Read more ...

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Summary List Placement With more than $195 million in funding and a valuation of $1.2 billion, Axonius was one of the hottest cyber startups of the past year. Now, it plans to... Read more ...

How to use Google Duo, the video chat app that works like FaceTime for iOS...

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Summary List Placement With so many video chat apps available today, it can be difficult to keep them all straight - especially when a single company like Google offers several... Read more ...

TIME Opens Asma Hotel in Dubai with All-female Management Team

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New Al Barsha hotel to operate with 80% female staff - Dedicated floors for female travelers with exclusive room amenities Read more ...